The board of directors of the Asia Standard Hotel Group Limited proposed earnings guidance for the year ended March 31, 2018. For the year, group is expected to record a profit significantly less than that of 2017. Such decrease was mainly attributable to unrealized fair value loss on investments in financial assets as opposed to a gain, mostly unrealized, in the same period of last year. The unrealized fair value changes on securities investment have no effect on the cash flow of the group in their respective reporting periods.